April 2011

U.S. bullion prices soared for a second straight week and added to their substantial April increases. Weakness in the U.S. dollar, which fell to its lowest level since July 2008, was attributed to gains in gold and silver. Gold closed Friday and April at a new record, bringing year-to-date gains to 9.5%. Silver pricers shot higher, […]

US bullion prices rallied for a second day, with gold hitting a new record and silver closing to a fresh 31-year high. Palladium and platinum gained as well. The weight of the Fed’s words yesterday continued to pressure the greenback, which lifted precious metals prices. June gold prices gained $14.10, or 0.9%, to $1,531.20 an ounce […]

US bullion prices rebounded Wednesday after the Federal Reserve released its statement saying it would maintain low interest rates for an extended period. That news pounded the greenback and fueled inflation-hedged precious metals buying. June gold prices rallied $13.60, or 0.9%, to a new closing record of $1,517.10 an ounce on the Comex division of the […]

US bullion prices declined Tuesday, with daily losses ranging between a modest 0.4% for gold to a high of 4.5% for silver. Palladium and platinum were in the middle with respective losses of 0.7% and 1.2%. June gold prices lost $5.60 to end at $1,503.50 an ounce on the Comex in New York. The loss […]

U.S. futures prices for precious metals were mixed Monday following the extended holiday break. Gold, silver and platinum prices continued to mark higher ground while palladium fell. June gold prices rose $5.30, or 0.4%, to $1,509.10 an ounce on the Comex division of the New York Mercantile Exchange. The close was a new record high, […]

U.S. bullion prices surged higher this week, supported by a weaker greenback that lifted gold and silver to fresh heights before the three-day weekend. Platinum and palladium prices were driven higher as well. Weekly gains were 1.2% for gold, 8.2% for silver, 0.1% for palladium and 1.4% for platinum. June gold futures on Thursday rose […]

U.S. bullion prices rose Wednesday. Gold reached a new record, silver attained a fresh 31-year high, and, after days of drops, palladium and platinum surged. June gold prices added $3.80, or 0.3%, to $1,498.90 an ounce on the Comex division of the New York Mercantile Exchange.

U.S. bullion prices were again mixed on Tuesday, with gold and silver prices at fresh highs and palladium and platinum moving lower. June gold futures rose $2.20, or 0.1%, to $1,495.10 an ounce on the Comex division of the New York Mercantile Exchange. It was the best ever close for the yellow metal. Earlier in the day, gold topped […]

U.S. bullion prices were mixed Monday. Gold and Silver prices rallied but palladium and platinum fell back. Gold and silver gains were attributed to a negative S&P outlook for U.S. debt. June gold prices climbed $6.90, or 0.5%, to $1,492.90 an ounce on the Comex division of the New York Mercantile Exchange. The close was a new record […]

U.S. bullion prices were mixed on the day and for the week. Gold settled to a new record, gaining 0.8% since last Friday. Silver prices closed at a fresh 31-year high, surging 4.8% for the week. Both metals were seen gaining as buyers looked to hedge against inflation. Palladium and platinum fell with weekly losses of […]